Workers who are left unemployed for whatsoever reasons will be paid money, from their own contribution towards the ESI scheme, in cash through bank account transfer
The challenge of jobs is especially acute because of the current and growing size of India's young population
Most openings don't even require basic schooling; highly qualified job seekers are increasingly joining ranks of unemployed
On the fears of increase in unemployment in 2018 and 2019, Labour Minister Santosh Gangwar explained that no target has been set by the govt
Since the disastrous demonetisation in November last year, labour participation in the market has increased, but jobs are scarce
It also recommended the creation of a handful of Coastal Employment Zones
Number of employed people down to 405 million from 406.5 million in September-December 2017
Govt to replace 44 labour laws with 4 codes
Uttar Pradesh also registered a sharp decline, the SBI report said
Unemployment in India is projected to increase from 17.7 million last year to 17.8 million in 2017